The former Chairman of failed mortgage giant Fannie Mae is advising the community organizer on economics.
Didn’t we just go through this?
Ben Smith at Politico reported:
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Former Fannie Mae chairman Jim Johnson was dumped from Obama’s vice presidential search team, but he’s still playing a behind-the-scenes role on the campaign.
Former Senator Tom Daschle, a top Obama backer, emailed a select list this afternoon that he and Johnson would be leading a briefing intended largely for Clinton’s campaign brain trust next month.
“Jim Johnson and I have scheduled another informal breakfast discussion and update on the campaign early next month,” he wrote to a list including Senator John Kerry, James Carville, and Richard Holbrooke, as well as Clinton’s former top campaign aides, including Howard Wolfson, Geoff Garin, and Harold Ickes.
Johnson’s involvement comes at a moment when political association with the failed mortgage giants is particularly toxic. He was already the subject of a McCain ad attacking Obama.
Don Surber: “Here is the architect of the self-destruction of Fannie Mae constructing the Obama presidency.”
Glenn Reynolds has more.
Obama has received $105,849 from troubled mortgage giants Freddie Mac and Fannie Mae:
After having served less than 4 years in the US Senate and spending most of that time campaigning, Barack Obama was still able to collect $105,849 from mortgage giants Freddie Mac and Fannie Mae.
It’s hard to part with such generous friends.